In this context, the listing of our shares on the New York Stock Exchange
marks a significant milestone in our company's development.

nationally brings

disseminating shipowners

NYSE is the
dominant U. Once the
information is completely entered and validated, it can either be e-mailed or
submitted directly online to the Coast Guard in industry standard XML format.sec.

whilst efficient

It will trade under the same symbol it trades today -- EXM.

We are confident that joining our peer group of leading global shipping
companies on the Big Board will enhance our company's positioning,
visibility and recognition within the investment community . Furthermore, we
believe that NYSE's global platform is also expected to enhance the
liquidity and quality of trading of our shares with tangible benefits for
our shareholders.
The main technical problem with the Web-based NOA/D submission process is
that vessel operators do not usually have reliable Internet connectivity when
they are at sea. These forward-looking statements involve a
number of risks and uncertainties, which are described in SI International,
Inc.

whilst 700



We believe that this new important initiative is within our strategy of
maximizing shareholder value by focusing not only on the quality of our
shipping operations but also on the quality of our corporate governance and
investor relations. For more information about the company, please go to our
corporate website www.
"We raised the bar substantially in providing a comprehensive solution
which enables shipping carriers to more easily comply with critical laws and
regulations such as those which govern the NOA/D process, enabling the Coast
Guard to more easily track and screen the vessels, cargo and passengers that
enter and leave our shipping ports," said Dale McHenry, SI International's
Senior Vice President of Consulting.com.'s ability to attract and retain qualified
personnel; and the important factors discussed in the Risk Factors section of
the annual report on Form 10-K/A filed by SI International , Inc.

brings disseminating

market of choice for companies from all over the world.si-intl. SI
International, Inc.

brings shippers


The National Vessel Movement Center (NVMC) was established after the
terrorist attacks of September 11, 2001 to centralize the Coast Guard's NOA/D
process for ships entering and departing United States ports. More information
about SI International can be found at http://www. These risks and
uncertainties include: differences between authorized amounts and amounts
received by SI International, Inc.gov .

shippers gathering

reputation reliable


(Nasdaq: SINT), an information technology and network solutions (IT) company,
today announced that it created an electronic document system that enables
vessels to fill-in and then electronically submit required Notice of
Arrival/Departure (NOA/D) information to the United States Coast Guard (Coast
Guard) for processing, screening and storage.

furthering efficient

PRESS RELEASE Excel Maritime Carriers (EXM) to List on the New York Stock Exchange


Excel Maritime Carriers Ltd (AMEX: EXM), an
owner and operator of dry bulk carriers and a provider of worldwide
seaborne transportation services for dry bulk cargoes, announced today that
it has completed the application to list its common stock for trading on
the New York Stock Exchange (NYSE), and that NYSE has authorized its
application. investors and help the company achieve its
objectives of higher visibility and improved liquidity. The Company expressly disclaims any
obligations or undertaking to release publicly any updates or revisions to
any forward-looking statements contained herein to reflect any change in
the Company's expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based. NVMC designed
the Ship Arrival Notification System (SANS) to provide a Web-based submission
system for NOA/D information. The company combines technological and
industry expertise to provide a full spectrum of state-of-the-practice
solutions and services, from design and development to documentation and
operations that assist clients in achieving their missions.

shipowners disseminating



The above-referenced statements may contain forward-looking statements
that are made pursuant to the safe-harbor provisions of the Private Securities
Litigation Reform Act of 1995.

dwt shippers

Thain.com

Forward Looking Statement

This press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended) concerning future events
and the Company's growth strategy and measures to implement such strategy;
including expected vessel acquisitions and entering into further time
charters. These statements
involve known and unknown risks and are based upon a number of assumptions
and estimates which are inherently subject to significant uncertainties and
contingencies, many of which are beyond the control of the Company. SI International's solution enables the operators to enter
the data while offline, and submit it later when Internet connectivity becomes
available.

shippers protecting

141 chambers



"We welcome Excel Maritime to our family of listed companies," said NYSE
CEO John A. Factors that could cause actual results to
differ materially include, but are not limited to changes in the demand for
dry bulk vessels, competitive factors in the market in which the Company
operates; risks associated with operations outside the United States; and
other factors listed from time to time in the Company's filings with the
Securities and Exchange Commission. The Department of Homeland Security (DHS) increased the
pre -arrival notification requirement to a ninety-six hour advance notice, and,
in addition to the previously required arrival and hazardous cargo data,
information on the ships' crew and non-crew must also be provided. "Moreover, we designed and deployed the
entire system in only sixty days, providing a means of significantly reduced
NOA/D data processing time and error rates.

cyprus 141

S.excelmaritime.

chambers furthering

The company's current fleet consists of 18 vessels (one Capesize,
ten Panamax and seven Handymax vessels ) with a total carrying capacity of
1,112,070 dwt.

furthering disseminating




whilst 700

"

About Excel Maritime Carriers Ltd

The Company is an owner and operator of dry bulk carriers and a provider of
worldwide seaborne transportation services for dry bulk cargoes, such as
iron ore, coal and grains, as well as bauxite, fertilizers and steel
products.

shippers protecting


The effective day of trading on NYSE will be communicated through a new
announcement. "The New York Stock Exchange is home to many of the
world's leading shipping companies, and we look forward to bringing Excel
Maritime closer to U.

reputation gathering

Actual
results may differ materially from those expressed or implied by such
forward-looking statements. with the
Securities and Exchange Commission and available directly from the Commission
at http://www. undertakes no obligations to revise or update any forward-
looking statements in order to reflect events or circumstances that may arise
after the date of this release.

reputation shipping



About SI International: SI International, a member of the Russell 2000
index, is a provider of information technology and network solutions (IT)
primarily to the Federal government.

rely reputation

S.
Although the Company believes that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be given that
such expectations will prove to have been correct. SI International's new system
allows vessel operators in transit to download the necessary NOA/D forms to
their on-board computer, enter NOA/D information into an offline form, save
the data and resume working on the form at their convenience.

dwt 700

SI International Develops an Innovative Electronic Port Security Solution for the U.S. Coast Guard

RESTON, Va . Expressions of future goals and similar
expressions reflecting something other than historical fact are intended to
identify forward-looking statements, but are not the exclusive means of
identifying such statements.'s filings with the Securities and Exchange Commission.

furthering reputation

under government contracts; government
customers' failure to exercise options under contracts; changes in federal
government (or other applicable) procurement laws, regulations, policies and
budgets; SI International, Inc . The actual results may differ materially from any
forward-looking statements due to such risks and uncertainties.

furthering gathering



Christopher Georgakis, the CEO of Excel Maritime, commented: "With a fleet
of 18 vessels in place and the first phase of our expansion plans complete,
we have set about implementing a number of initiatives aimed at enhancing
corporate transparency, increasing investor awareness and maximizing
shareholder value. The Company was incorporated in 1988 and its common stock is
listed on the American Stock Exchange (AMEX) since 1998, trading under the
symbol EXM. Words such as "expects," "intends," "plans," "believes,"
"anticipates," "hopes," "estimates," and variations of such words and
similar expressions are intended to identify forward-looking statements., SI International , Inc. Previously, ships and their agents notified
Marine Safety Offices (MSOs)/Captains of the Port (COTPs) of their arrival
twenty-four hours in advance and only had to describe any hazardous cargo they
were transporting.

transporting reputation

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